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Mar 16, 2013
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don't have time to really go into it, but let me tell you something, health care, you know 1/6 of our economy, if the government can control that, they can control just about everything. we need to understand what is going on because there are much more economic models that can be used to give us good health care than what we have now. and we were asleep at the wheel to let it happen, but we have to find a way to still, to make it it work. and if we have to work within the frame work of the affordable health care act, fine. if we can find a way to defund it, fine. if -- you know, but we have to find more efficient ways. think about this, 80% of the encounters between a patient and a health care provider could easily be handled by a health savings account. 80% of the encounter, without the need to insinuate a third party or a bureaucracy at these a third of the money. there are ways we can do this. we can use bridge insurance and catastrophic insurance, you know, some of the, i don't want to call them morons, but something similar to that who say, well, carson just talked about how how are you
don't have time to really go into it, but let me tell you something, health care, you know 1/6 of our economy, if the government can control that, they can control just about everything. we need to understand what is going on because there are much more economic models that can be used to give us good health care than what we have now. and we were asleep at the wheel to let it happen, but we have to find a way to still, to make it it work. and if we have to work within the frame work of the...
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Mar 16, 2013
03/13
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take control of your personal economy. >>> the numbers in a survey from the last year 2012 show just 14% of american workers felt they had enough money to retire comfortably. there are good reasons behind that number. americans are living longer for starters. a lot of things including health care cost more and financial markets have been so volatile over the past decade. so a major worry for an entire generation now heading into retirement is how to make savings last long enough. as nbc's chris jansing reports the rules and the math are changing. >> no more hurry. no more pressure. >> reporter: used to be hard work with and company loyalty were rewarded with the good life. >> what with my retirement plan and a few dollars i'd saved, i didn't have a thing to worry about. >> how many are going on these? >> 55. >> reporter: for an increasing number of older americans, that lifestyle is no more than a dream. >> retirement used to be 10 years, now it can be 30 years. that means your money has to last a lot longer. >> reporter: it didn't last nearly long enough for 75-year-old peggy weber.
take control of your personal economy. >>> the numbers in a survey from the last year 2012 show just 14% of american workers felt they had enough money to retire comfortably. there are good reasons behind that number. americans are living longer for starters. a lot of things including health care cost more and financial markets have been so volatile over the past decade. so a major worry for an entire generation now heading into retirement is how to make savings last long enough. as...
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Mar 16, 2013
03/13
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we need laserlike focus on the economy. we need to analyze every proposal in light of, will this get america back to work? we need to get people working by reducing the government's role in creation of jobs. my state's motto, mountaineers are always free, which is a delicate means to me that we need to limit government and create more workers independence. in west virginia and so many other states, this means treating a level playing field for all businesses, regardless of their union status. west virginia is the perfect ground for our national principles. west virginians are fiscally conservative, we have the best rainy day fund in the nation, but nonetheless, employment has in my state.ed when liberals are the cause of the low economy, they seem to blame conservatives. i don't understand that. in west virginia come our legislature votes every day. i'
we need laserlike focus on the economy. we need to analyze every proposal in light of, will this get america back to work? we need to get people working by reducing the government's role in creation of jobs. my state's motto, mountaineers are always free, which is a delicate means to me that we need to limit government and create more workers independence. in west virginia and so many other states, this means treating a level playing field for all businesses, regardless of their union status....
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argue that the united states has a crushing debt problem that is private debt the real drag on our economy alaska economist steve keen tonight's conversations with great. you know sometimes you see a story and it seems so. you think you understand it and then you glimpse something else and you hear or see some other part of it and realize that everything you thought you knew you don't know i'm tom harkin welcomes the big picture. of potentially deadly blizzard taking aim for the northeast it's expected to hit stunning in a few hours from new york to maine we have team coverage of the storm. but what we're watching is the very heavy snow moving into by. it's improper earlier today it was very sticky you can see it start to become much more powdery down to the bottom line there's still a lot of snow out here a good place for snowball fight if. the senate is going to pretty incredible day there and even record snowfall throughout what's been like nobody's luxury driving lessons some emergency fear. the worst fear for those they. might have to commit to a radio guy and call up a zero minestron
argue that the united states has a crushing debt problem that is private debt the real drag on our economy alaska economist steve keen tonight's conversations with great. you know sometimes you see a story and it seems so. you think you understand it and then you glimpse something else and you hear or see some other part of it and realize that everything you thought you knew you don't know i'm tom harkin welcomes the big picture. of potentially deadly blizzard taking aim for the northeast it's...
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Mar 14, 2013
03/13
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FOXNEWSW
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good economy, great market. bad economy, lousy market. but this is a bubble. there's no doubt. it's a bubble created by the fed because we're presenting money to keep interest rates low. the question is, you have to be in it because if you're not you're going to lose. >> but you're getting in at the top. >> that's the problem. my issue is this. if you're thinking about getting now, the 15,000 -- when the fed wants to raise rates get out quick. >> can you put this on the screen. fortune magazine suggests the fed policy of using ultra low interest rates is actually having the opposite effect. it is not increasing the lending. >> the reason why is -- first, dodd frank and all these reform bills. so why lend money, which is risky to use, starting a business, when i could put money in a less risky instrument like a bond, mortgage-backed security. that were collapsed during the financial crisis but you can buy them cheap. banks shifting from lending to you and putting in some bond. >> charlie, good to see you. >>> the reported cyberattack of several high profile politicians, business
good economy, great market. bad economy, lousy market. but this is a bubble. there's no doubt. it's a bubble created by the fed because we're presenting money to keep interest rates low. the question is, you have to be in it because if you're not you're going to lose. >> but you're getting in at the top. >> that's the problem. my issue is this. if you're thinking about getting now, the 15,000 -- when the fed wants to raise rates get out quick. >> can you put this on the...
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Mar 17, 2013
03/13
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growth at every stage to get the economy booming. we need to repeal obamacare. [applause] we need to repeal dodd-frank. [applause] talk a a bill you don't have to read further than the title. [laughter] we need to eliminate corporate welfare. [applause] we need to build the keystone pipeline. we need to reign in the e.p.a. [applause] you know, in west texas the e.p.s. a trying to use a lizard to shut down oil and gas productions. my view of lizards, they make darn fine boots. [applause] we need to audit the fed. [applause] we need to stop e.q. infinity. we need to abolish obama education. [applause] education is too important for it to be governed by bureaucrats in washington taking away from parents and kids. and we need to champion school choice. [applause] theels civil rights issue of the next generation. i would like to see more democrats going and splange to young kids trapped in failing schools, young hispanic, young african american why they are willing to consign another generation to not have a fair and equal shot at the american dream. [applause] we ne
growth at every stage to get the economy booming. we need to repeal obamacare. [applause] we need to repeal dodd-frank. [applause] talk a a bill you don't have to read further than the title. [laughter] we need to eliminate corporate welfare. [applause] we need to build the keystone pipeline. we need to reign in the e.p.a. [applause] you know, in west texas the e.p.s. a trying to use a lizard to shut down oil and gas productions. my view of lizards, they make darn fine boots. [applause] we need...
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Mar 14, 2013
03/13
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it's bad for the economy. -for the country. however, the republicans did not have the votes to stop that, so what did they do? of the choice we would rather have only 2 percent of people's taxes go up instead of everybody's taxes go up. lou: and i understand the difficult choice, the toys that they found themselves in because they had been outmaneuvered. and did not think that they were sterling in there, if you will, tactics or strategy. >> well -- lou: i absolves them. >> thank you, francis. lou: well, if it's francis it's a different kind of deal, not about that. it's more likely to be about a mule. governor, we thank you very much. >> thank you for having me. lou: much more on the future of the republican party throughout tonight's show. stay with us. ♪ lou: president and the famous the proclaimed the era of big government to be over. boy, was he wrong. but this wrong? we take it up in tonight's "chalk talk." ♪ wall street streaking higher. will it go higher from here? charles schwab managing director randy fetter on th
it's bad for the economy. -for the country. however, the republicans did not have the votes to stop that, so what did they do? of the choice we would rather have only 2 percent of people's taxes go up instead of everybody's taxes go up. lou: and i understand the difficult choice, the toys that they found themselves in because they had been outmaneuvered. and did not think that they were sterling in there, if you will, tactics or strategy. >> well -- lou: i absolves them. >> thank...
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Mar 18, 2013
03/13
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manufacturing and financial activitiles but in this case, the banks have holdings eight times the size of the economy of cyprus. >> bret: russians have $30 billion. >> right. a quarter of it are russians. they say we will tax people who live here but have money deposited here, stashed here to protect it from russia and they see it as an easy out. easy way to get money to satisfy the imf. in response to the imf making an effort to bail them out. that is why he said this is the best solution for us. we saw individuals on tape saying gosh, you know, violation of my property rights, et cetera. those are small time players in the large game. >> bret: but still getting money out of their account. >> they are. >> there is discussion of shifting that to the wealthier. depositors, in cyprus. this is all about russia. german secret service did a study not long ago that looked at the kind of deposits that were made in the cypriate banks from the russians in particular and concluded a lot of it was dirty money. germans don't want their taxpayers to be funding risky bets from russian alagarks. with an election in
manufacturing and financial activitiles but in this case, the banks have holdings eight times the size of the economy of cyprus. >> bret: russians have $30 billion. >> right. a quarter of it are russians. they say we will tax people who live here but have money deposited here, stashed here to protect it from russia and they see it as an easy out. easy way to get money to satisfy the imf. in response to the imf making an effort to bail them out. that is why he said this is the best...
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Mar 16, 2013
03/13
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listen, this is what helped our economy. unfortunately, as i mentioned, we've had way too many moderate establishment republican candidates who are just not sticking to the core principles of conservatism. richard mentioned romney. yeah, romney is a moderate establishment politician. he was a person of good character, but he wasn't the one who could really get our party -- >> rick: stand by, both of you, if you would. we got to take a quick break. when we come back, i want to talk to you both more about cpac. don't go away the capital one cash rewards card gives you 1% cash back on all purchases plus a 50% annual bonus. and everyone wants... ♪ 50% more doo wop ♪ 50% more buckarooooooooos ♪ 50% more yeeeaaahhhh!!!! ♪ 50% more yeah yeah [ male announcer ] the capital one cash rewards card gives you 1% cash back on every purchase, plus a 50% annual bonus on the cash you earn. it's the card for people who like more cash. ♪ 50% more boogie ♪ what's in your wallet? cashhhhh!!! and these come together, one thing you can
listen, this is what helped our economy. unfortunately, as i mentioned, we've had way too many moderate establishment republican candidates who are just not sticking to the core principles of conservatism. richard mentioned romney. yeah, romney is a moderate establishment politician. he was a person of good character, but he wasn't the one who could really get our party -- >> rick: stand by, both of you, if you would. we got to take a quick break. when we come back, i want to talk to you...
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Mar 16, 2013
03/13
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you keep hearing the economy is ready to take off. if we can get the government out of the way for a couple years we can get some really nice growth and that will change things up and i think they are sceeding in denuclearizing our conflicts. no fiscal cliffs, no debt defaults. let the economy grow for a change. >> woodruff: what are you hearing. >> the government has to get out of the way, i love that. that's a great one after what we've been through in this country with absolutely no control. and we just learned again this week that the bank's too big to fail, too big to be reprimanded, controlled by the federal government. but i'd say this, judy. there's an old line in politics you dance with the girl who -- barack obama didn't do that. for the past seven years he's gone into hundreds if not thousands of rooms, people with large egos, people with great accomplishments, people who are great skeptical toward him and he went in and he charmed them to the point not only they supported him they wrote checks for him. he comes to washingt
you keep hearing the economy is ready to take off. if we can get the government out of the way for a couple years we can get some really nice growth and that will change things up and i think they are sceeding in denuclearizing our conflicts. no fiscal cliffs, no debt defaults. let the economy grow for a change. >> woodruff: what are you hearing. >> the government has to get out of the way, i love that. that's a great one after what we've been through in this country with absolutely...
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Mar 14, 2013
03/13
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that money stays in our economy. when we produce a barrel of oil or natural gas in this country we get 80 to 90% of the benefit. if we have to import energy, it's about a dime. so, it has a multiplier effect on our economy. second, we need to reform our corporate tax code. it's unfair. it's not productive. most importantly, it dissuades capital investment. capital ininvestment is almost perfectly correlated with job creation. >> bret: it seems every year we talk about tax reform. >> what has happened is other countries have a much more simple and competitive corporate tax rate. we are the highest now of all the industrialized country. the tax rate at corporate level determined the level of capital expenditures. the top 1,000 companies in the united states account for 60% of all of the capital. the computer, planes, trucks, factories, the machines, things that put people to work. we don't see why the corporate tax rate could not be changed. >> bret: you know this town, you talk to the administration and capitol hill.
that money stays in our economy. when we produce a barrel of oil or natural gas in this country we get 80 to 90% of the benefit. if we have to import energy, it's about a dime. so, it has a multiplier effect on our economy. second, we need to reform our corporate tax code. it's unfair. it's not productive. most importantly, it dissuades capital investment. capital ininvestment is almost perfectly correlated with job creation. >> bret: it seems every year we talk about tax reform. >>...
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Mar 21, 2013
03/13
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. >>> so just where is the economy headed? according to ben bernanke, the economy is improving, however, interest rates will stay low for now and until unemployment falls below 6.5%. >>> more economic clues today from nike after the bell investors will be looking at the global retailer's future orders. china trends and gross margins for a read on consumer demand in china and here at home. >>> expectations are climbing for this morning's february existing home sales numbers which are seen coming in higher than january. >>> and cash strapped cyprus, banks are still closed and late night meetings broke up with no new plan b to fund the island's much needed bailout. >>> closer to home, cvs is weighing in on the policy requiring employees to record their weight and body fat or face a health insurance premium. all data collected during health screenings is private. >>> fans of starbucks will be happy to know that beginning in may they can also rack up rewards points with packaged coffee purchases at grocery and drug stores. >>> mean
. >>> so just where is the economy headed? according to ben bernanke, the economy is improving, however, interest rates will stay low for now and until unemployment falls below 6.5%. >>> more economic clues today from nike after the bell investors will be looking at the global retailer's future orders. china trends and gross margins for a read on consumer demand in china and here at home. >>> expectations are climbing for this morning's february existing home sales...
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Mar 19, 2013
03/13
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CNNW
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we're not talking about absolute devastation in the economy. when we've gotten to the point where yoga pants are a big problem maybe we are getting better. >> all right. thank you very much for being here. >>> lululemon had to dump $20 million worth of yoga pants because they were see through and today's hash tag, you're it. let's come up with a slogan for all those too sheer lululemon pants. here's mine. come for the fitness. stay for the hr complaint. send us your idea, your suggestion. tweet us at the lead cnn. use the hash tag lulu slogan. also, you've been waiting six years for it. now justin timberlake's new album is here. you're not that excited about it? neither is marco rubio. my interview with the republican senator is next. we'll talk immigration, foreign policy, and jams in the politics lead. ♪ wireless is limitless. [ female announcer ] from finding the best way... ♪ to finding the best catch... ♪ wireless is limitless. ♪ ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, inf
we're not talking about absolute devastation in the economy. when we've gotten to the point where yoga pants are a big problem maybe we are getting better. >> all right. thank you very much for being here. >>> lululemon had to dump $20 million worth of yoga pants because they were see through and today's hash tag, you're it. let's come up with a slogan for all those too sheer lululemon pants. here's mine. come for the fitness. stay for the hr complaint. send us your idea, your...
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Mar 17, 2013
03/13
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and by the way, if any of you are worried about the economy, don't worry, be happy. there is no debt crisis either. >> we don't have an immediate crisis in terms of debt. in fact, for the next ten years it is going to be in a sustainable place. >> judge jeanine: with all due respect, mr. president, saddling our children and grandchildren with trillions of dollars of debt is a crisis. maybe sarah palin said it best when she said earlier today at cpac -- >> barack obama promised the most transparent administration ever. barack obama, you lie. >> judge jeanine: sister euphemia if you are still out there and you still have that ruler i have got somebody for you. now, to one of the cpac speakers virginia congressman randy forbes. welcome, congressman. so am i wrong? >> no, judge, i think you are absolutely right. i think that is the thing that is frustrating most americans. they feel this administration has a totally different set of rules for them than they have for the rest of america and their words continue to evolve based on the group that they are speaking to at tha
and by the way, if any of you are worried about the economy, don't worry, be happy. there is no debt crisis either. >> we don't have an immediate crisis in terms of debt. in fact, for the next ten years it is going to be in a sustainable place. >> judge jeanine: with all due respect, mr. president, saddling our children and grandchildren with trillions of dollars of debt is a crisis. maybe sarah palin said it best when she said earlier today at cpac -- >> barack obama promised...
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Mar 15, 2013
03/13
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a rising, thriving middle class and an economy built on innovation. in my state of the union address, i said our most important task was to drive that economic growth and i meant it. every day we should be asking ourselves three questions. how do we make america a magnet for good jobs? how do we equip our people with the skills and training to do those jobs? and how do we make sure that hard work leads to a decent living? those of you who have chairs, i was not sure everybody had chairs there. please feel free to sit down there. i'm sorry. everybody was standing. i thought -- one of the effects of the sequester, you had to -- get rid of chairs. that's good. i'm glad we got some chairs. so i chose argonne national lab because right now, few areas hole more promise for creating good jobs and growing our economy than how we use american energy. after years of talking about it, we're finally poised to take control of our energy future. we produce more oil than we have in 15 years. we import less oil than we have in 20 years. we've doubled the amount of re
a rising, thriving middle class and an economy built on innovation. in my state of the union address, i said our most important task was to drive that economic growth and i meant it. every day we should be asking ourselves three questions. how do we make america a magnet for good jobs? how do we equip our people with the skills and training to do those jobs? and how do we make sure that hard work leads to a decent living? those of you who have chairs, i was not sure everybody had chairs there....
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Mar 18, 2013
03/13
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he got health care passed and fixed the economy. he has the economy on the right track. the gun issue was not a big deal with him in the beginning. gale marriage was not a big issue, but they have become centerpieces, that's the period he's in at this point. republicans are cooperating to the degree that they appeared to be disorganized enough that he appears to be right on track. >> you know, on that point, in terms of the economy, victoria, the president talking about the budget last week, he said something that the gop just jumped all over. the president said, and i'm quoting him, we don't have an immediate crisis in terms of debt, and the republicans and the right wing went bananas. but then mr. boehner and ryan, of course, agree with him. watch this. >> we do not have an immediate debt crisis, but we all know that we have one looming. >> we do not have a debt crisis right now, but we see it coming. we know it's irrefeetably happeningivities they say the president shouldn't have said it, now you have boehner and ryan saying it, about you if both say we don't have an
he got health care passed and fixed the economy. he has the economy on the right track. the gun issue was not a big deal with him in the beginning. gale marriage was not a big issue, but they have become centerpieces, that's the period he's in at this point. republicans are cooperating to the degree that they appeared to be disorganized enough that he appears to be right on track. >> you know, on that point, in terms of the economy, victoria, the president talking about the budget last...
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Mar 17, 2013
03/13
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get our economy going again. and put more people back to work. the fact that the government continues to spend more than a trillion dollars every year that it doesn't have, scares investors, scares business people, makes them less willing to hire people. >> is the grand bargain dead? >> i don't know whether we can come to be a big agreement if we do. it will be between the two parties on capitol hill. hopefully, we can go to conference on these budgets. hope springs eternal in my mind. >> senators graham and ayotte and other republicans have said they're open to new revenue if the president is willing to do significant entitlement reform. is that something you could consider? would you say no to that? >> the president got his tax hikes on january 1st. the talk about raising revenue is over, it's time to deal with the spending problem. >> the president suggested cuts to social security and means testing medicare is that enough? what more does he have to do on entitlements for you to consider additional revenues? >> we need to put the entitlement p
get our economy going again. and put more people back to work. the fact that the government continues to spend more than a trillion dollars every year that it doesn't have, scares investors, scares business people, makes them less willing to hire people. >> is the grand bargain dead? >> i don't know whether we can come to be a big agreement if we do. it will be between the two parties on capitol hill. hopefully, we can go to conference on these budgets. hope springs eternal in my...
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Mar 15, 2013
03/13
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there seems to be a division between state of the economy, stock markets, and the rest of the economy. host: jacob is creating a lot of interest. let me go back to "the wall street journal," quoting ron johnson -- indicating -- guest: it has been this big divisive issue, democrats want to raise taxes. republicans want them to dick republicans say they just want to freeze taxes for spending. can the democrats did some taxes as part of the deal that the white house accepts? we look at what the senate democrats are putting forth and the house republicans. we welcome carl from jacksonville, texas on the republican line. caller: thank you for taking my call. the thing that bothers me about our government is the lack of transparency. we hear so much about how we are when the cut out all of the loopholes but nothing is ever mentioned. i cannot know if they think we are too stupid to understand what those loopholes would be and what they would mean. it's just really frustrates me. cuts, i thinket it should start with the politicians and let them live in government housing like they expect eve
there seems to be a division between state of the economy, stock markets, and the rest of the economy. host: jacob is creating a lot of interest. let me go back to "the wall street journal," quoting ron johnson -- indicating -- guest: it has been this big divisive issue, democrats want to raise taxes. republicans want them to dick republicans say they just want to freeze taxes for spending. can the democrats did some taxes as part of the deal that the white house accepts? we look at...
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Mar 15, 2013
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the economy is getting stronger. we'll be right back. up next the question will be are the young gun libertarians taking the leadership role at cpac so far? we're going to talk about that with one under 35 elected leader from florida. stay with us, cpac story very interesting. [ male announcer ] i've seen incredible things. otherworldly things. but there are some things i've never seen before. this ge jet engine can understand 5,000 data samples per second. which is good for business. because planes use less fuel, spend less time on the ground and more time in the air. suddenly, faraway places don't seem so...far away. ♪ impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read a
the economy is getting stronger. we'll be right back. up next the question will be are the young gun libertarians taking the leadership role at cpac so far? we're going to talk about that with one under 35 elected leader from florida. stay with us, cpac story very interesting. [ male announcer ] i've seen incredible things. otherworldly things. but there are some things i've never seen before. this ge jet engine can understand 5,000 data samples per second. which is good for business. because...
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Mar 14, 2013
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in an economy is not ruined by debt alone. this is paul ryan's third budget and two years after his first, the fundamental fight over values has not changed. president obama outlined the contrast in 2011 with paul ryan in the audience. >> this vision is less about reducing the deficit than it is about changing the basic social contract in america. i don't think there's anything courageous about asking for sacrifice from those who can least afford it that's not a vision of the america i know. >> unfortunately republicans refuse to accept that america has already ruled on this issue. e.j. dion writes that the 2012 elections ought to have settled these issues, it takes nerve to dismiss the results of an election that ryan himself called a referendum. the ryan budgets are feeling like a cheap ripoff of "groundhog day." >> i think the american public decided not to watch the end of it in november. they sent a clear message that they wanted something different than this romney/ryan proposal. that hurts americans. >> joining us now f
in an economy is not ruined by debt alone. this is paul ryan's third budget and two years after his first, the fundamental fight over values has not changed. president obama outlined the contrast in 2011 with paul ryan in the audience. >> this vision is less about reducing the deficit than it is about changing the basic social contract in america. i don't think there's anything courageous about asking for sacrifice from those who can least afford it that's not a vision of the america i...
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Mar 15, 2013
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that grow an economy. education, research, infrastructure, manufacturing, make it in america. that's our mantra and do it in a balanced way with reasonable tax and revenue increases that come from ending unnecessary loopholes. >> congressman ryan, do you think the public is still very strong with the president on this? >> i would like to think so. i mean, i think as long as we stand our ground. but leadership is about empowering those grass roots people that were just going door-to-door. and i think we've got to stand firm. even if we have to play the long game, ed, we may have a tough year or two, but there will be midterm elections. and i think we've got to stand for what is right. the top 1% has seen 93% of the income growth in the last few years. we've got to stand up for middle class people in the small businesses. we can't keep having this system where we have economic growth, but it goes primarily to the top. we're not mad at people for getting rich. god bless them. what we're saying is we've got to
that grow an economy. education, research, infrastructure, manufacturing, make it in america. that's our mantra and do it in a balanced way with reasonable tax and revenue increases that come from ending unnecessary loopholes. >> congressman ryan, do you think the public is still very strong with the president on this? >> i would like to think so. i mean, i think as long as we stand our ground. but leadership is about empowering those grass roots people that were just going...
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of 3% growth in the economy. those retail sales, those jobless claims, those isns, and those business profits, i was at the business roundtable with the coos, profits, cash flows, pristine balance sheets, the u.s. is the place to be right now. that's why the dollar is strong. a growth trade. >> then why is the u.s. underperforming so many of the world's stock markets this year? it's behind japan, behind the uk. on a capitalization weighted basis, the u.s. is underperforming the morgan stanley world index x-us. >> volatility is also underperforming. if you put money to work in those marks, you have to accept volatility is higher based on recent trends. >> give it time. the japanese thing is terrific. >> a strong dollar, they are deliberately trying to weaken the yen. >> japan is fighting deflation, and they are preappreciating the currency and will start pouring money into the economy. that's exactly right. may help bolster the dollar, but i don't see why japan and the american stock marks can't go up. i can't vou
of 3% growth in the economy. those retail sales, those jobless claims, those isns, and those business profits, i was at the business roundtable with the coos, profits, cash flows, pristine balance sheets, the u.s. is the place to be right now. that's why the dollar is strong. a growth trade. >> then why is the u.s. underperforming so many of the world's stock markets this year? it's behind japan, behind the uk. on a capitalization weighted basis, the u.s. is underperforming the morgan...
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Mar 14, 2013
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economy bubbling along. so, every day we're watching this and every day it's going higher, harris. >> so you're sitting at home and not a big time investor. watching your retirement funds, is now a good time to put money in stocks. >> the people we're talking to saying he we could have a retrenchment, 2, 5, maybe more on the big board, the dow stocks and that's an opportunity for people to get back in if we have a pullback, that's what i would wait for. if you've got a long time horizon, be in stocks, you want to make sure you're going to fund your retirement with investments that last over a lifetime, not over 20 minutes or two seconds, like the pros sometimes do, harris. >> gerri willis, thank you very much. libyan authorities reportedly holding a person in custody tonight in connection with the terror attack on the u.s. outpost in benghazi. it left our u.s. ambassador and three other americans dead, as you know. that is what sources are telling fox news at this hour. we do know the person is a libyan citi
economy bubbling along. so, every day we're watching this and every day it's going higher, harris. >> so you're sitting at home and not a big time investor. watching your retirement funds, is now a good time to put money in stocks. >> the people we're talking to saying he we could have a retrenchment, 2, 5, maybe more on the big board, the dow stocks and that's an opportunity for people to get back in if we have a pullback, that's what i would wait for. if you've got a long time...
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Mar 16, 2013
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that's going to be a problem in ten years and right now need to focus on spending money and keeping the economy moving and worry about the deficit later. >> that's a fair point, isn't it? they're not pretending. i'm outraged because it seems like an offense against math and science even. >> the first camp the krugman folks, the ones that think it's okay to let the debt and deficit go up. okay, then let's try to slow it down a little bit, but it's okay to have some. that would be obama, actually that's what he said this week, president obama did on the george stephanopoulos interview he did this week with abc. the other group like simpson bowls, fix the debt ceo's and house republicans say no, the debt and deficit are a problem for us, and holding back growth where jeff sessions is. is it possible the two camps, three camps can come together and have a grand bargain like the media likes to talk about. i think it's hard to imagine that will be the case. one of the reaps we had tsons w that, the first time in years, the president didn't go first. we don't have it yet and we won't for a couple of w
that's going to be a problem in ten years and right now need to focus on spending money and keeping the economy moving and worry about the deficit later. >> that's a fair point, isn't it? they're not pretending. i'm outraged because it seems like an offense against math and science even. >> the first camp the krugman folks, the ones that think it's okay to let the debt and deficit go up. okay, then let's try to slow it down a little bit, but it's okay to have some. that would be...
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Mar 18, 2013
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but i think the president is facing the priority of growing the economy and jobs, and that's where it should be. half of this year's deficit is attributable to people who are unemployed. if we can get people back to work, paying down the deficit. it's much better than an austerity budget. >> you're saying after two years things are definitely better now? >> things are definitely better now. the fiscal picture is brightening. things are brightening still. the last thing we want to do when the economy is poised to recover is throw another obstacle in the way. >> who are you calling for march madness? >> my team, stanford probably not having a shot. >> congressman schiff, thanks for stopping by. jim garrity says quote with st. patrick's hangovers and bracket fillings of march madness this isn't a productive day for our economy. with pantene. amazing pro-v formulas fight signs of damage for healthier, stronger, shinier hair. dare to take the pantene 5 signs challenge today. i took the dare. will you? pantene. daily moisture renewal. hair so healthy it shines. it fills you with energy... a
but i think the president is facing the priority of growing the economy and jobs, and that's where it should be. half of this year's deficit is attributable to people who are unemployed. if we can get people back to work, paying down the deficit. it's much better than an austerity budget. >> you're saying after two years things are definitely better now? >> things are definitely better now. the fiscal picture is brightening. things are brightening still. the last thing we want to do...
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Mar 21, 2013
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they sit around hoping that the economy gets worse. it's too late now because the president got reelected overwhelmingly, they did everything in their power just hoping that the american people would say, hey, 8% unemployment, we can't rehire this guy but we did and their strategy didn't work, even though they are not going to be running against this man again, they still think that opposition to the president as well as hits party and what we believe in, but particularly the president, is the glue that holds them together and is going to help them win elections. >> i don't remember if you remember the stockton, he brought ted nugent to the -- >> yeah. >> krystal, he tweeted out, the best thing about the earth is if you put holes in it, oil and gas come out. how is that for kinder and gentler? he actually tweeted this. >> and that's part of the problem. if you have any concern about the environment, if if you have any concern about climate change, are you going to look to someone that's a party that's saying things like that? that's no
they sit around hoping that the economy gets worse. it's too late now because the president got reelected overwhelmingly, they did everything in their power just hoping that the american people would say, hey, 8% unemployment, we can't rehire this guy but we did and their strategy didn't work, even though they are not going to be running against this man again, they still think that opposition to the president as well as hits party and what we believe in, but particularly the president, is the...
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Mar 16, 2013
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i think he couldte have made a g impact, especially when it comei to the economy and the fiscal crisis that we face. many people are having a -- >> i think the time had passed. i don't think t that mitt romne, maybe he would not have gotten, such a great reception in december. >> right. >> but here we are in march, the weather isin about to start getting better and people start to realize, wait. 2003 have a future as a party. they've had a pretty good cpac so far. do you think it was important for him to say i'm sorry, i will not be your president. thereby saying what he said, in an interview withd chris wallace on fox news sunday, he was not going to run again? >> i think that's pretty clear. it remind me actually when mondale, we lost 49 out of 50 states. we went before a very large liberal sort of group like cpac, but on the left. and i was terrified. thought we would get boo'd. he got a rousing essential. part of it is people don't wante to rub it in. the guy lost and there were romney supporters in l the room. but just think his concession speech. he is an extremely gracious man.
i think he couldte have made a g impact, especially when it comei to the economy and the fiscal crisis that we face. many people are having a -- >> i think the time had passed. i don't think t that mitt romne, maybe he would not have gotten, such a great reception in december. >> right. >> but here we are in march, the weather isin about to start getting better and people start to realize, wait. 2003 have a future as a party. they've had a pretty good cpac so far. do you think...
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Mar 17, 2013
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our economy is recovering. it is resilient. but it not yet where it need to be. we've got millions of people who are still out of work or underemployed. we've still got businesses that could be thriving if we're able to make sure washington doesn't engage in self-induced crises. we'll have a lot of work to do. let's face it, there's still a lot of divisions and arguments here in washington. doing our h we are very west to reach out to the other side, and i think there's a genuine desire on the part of republicans and democrats to try to get something done, i think there is a weariness among membership in the senate and the house about this constant grind, day in and day out of argument and crises instead of productivity and movement forward. the politics of a lot of these issues is tough. and members sometimes are scared about making the right decisions. and they're particularly scared because they're subject to pressure from special interest groups and well financed organizations that may be pushing in a different direction. and so i think the idea here, the con
our economy is recovering. it is resilient. but it not yet where it need to be. we've got millions of people who are still out of work or underemployed. we've still got businesses that could be thriving if we're able to make sure washington doesn't engage in self-induced crises. we'll have a lot of work to do. let's face it, there's still a lot of divisions and arguments here in washington. doing our h we are very west to reach out to the other side, and i think there's a genuine desire on the...
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the global economy is real. we don't live in a national economy anymore. everything you buy, everything you sell, everything you touch, it's all impacted by things that are happening halfway around the world. the information age is real that's made our lives easier. it's allowed you right now to take pictures with your phones and tweet every word i say for or against me. it's changed the world. and it's made our life easier. it's also changed our economy. you go into a grocery store today and you will find machines doing the jobs that people once used to do. you find a day in many businesses that one person because of automation can do the work five people used to do. it's the work around us that's changed. and this has had an impact on our people. on our hard working people. many have seen jobs wiped out. jobs they've been doing for 20 years disappeared overnight. many of them -- and many of them do things the right way. for example, they pay their mortgages on time. and now when the housing bubble came they were stuck with a bill for bailing out the bank
the global economy is real. we don't live in a national economy anymore. everything you buy, everything you sell, everything you touch, it's all impacted by things that are happening halfway around the world. the information age is real that's made our lives easier. it's allowed you right now to take pictures with your phones and tweet every word i say for or against me. it's changed the world. and it's made our life easier. it's also changed our economy. you go into a grocery store today and...
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Mar 15, 2013
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. >> to the american economy, which you know, defies our, our entire history. i mean the thing that's so stunning about the 47% comment, that comment, the if i were a mexican comment that he made -- >> the comment that if his dad had been mexican he'd have a better shot of winning this. >> when your tape came out, i was so shaken by it, i was talking about it for, it came out late in the afternoon. i kept talking about it for hours trying to wrap my head around how was it possible that a person running for president of the united states -- leave aside in public -- in private, speak that way about a country he hoped to lead. and it spoke to me anyway and clearly to you as well, that this mitt romney has, has this mindset that has him high above everyone else. in a way that made him, i think unpalatable to lots of people. and your video just was like, the boom, that's it. that's enough for me. for a lot of people. >> scott, in the fix, in the "washington post" shawn sullivan has a great analysis, it's like must be tedious it hear all of these people endlessly pra
. >> to the american economy, which you know, defies our, our entire history. i mean the thing that's so stunning about the 47% comment, that comment, the if i were a mexican comment that he made -- >> the comment that if his dad had been mexican he'd have a better shot of winning this. >> when your tape came out, i was so shaken by it, i was talking about it for, it came out late in the afternoon. i kept talking about it for hours trying to wrap my head around how was it...
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by the end of 2023, the economy will be at a crawl. we will have added $8 trillion to our debt, the debt will rain down the country like an anchor. in short, we are on the verge of a debt crisis. our obligations are growing faster than our ability to pay them. our debt, it's already bigger than our economy. at some point, lenders will lose confidence in us. they will demand higher interest rates, and when they do, interest rates across the country will skyrocket on mortgages, on credit cards, on car loans. and then pressed for cash, the government will take the easy way out. it will crank up the printing presses. the dollar would sink. our finances would collapse. the safety net would unravel, and the most vulnerable, they would suffer the most. a debt crisis will be more than an economic event. it would be a moral failure. >> not surprising paul ryan's theme, on the budget, on the debt, and i think one thing we learned this week from the president and from republicans is that we have a fundamental disagreement about the importance of
by the end of 2023, the economy will be at a crawl. we will have added $8 trillion to our debt, the debt will rain down the country like an anchor. in short, we are on the verge of a debt crisis. our obligations are growing faster than our ability to pay them. our debt, it's already bigger than our economy. at some point, lenders will lose confidence in us. they will demand higher interest rates, and when they do, interest rates across the country will skyrocket on mortgages, on credit cards,...
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Mar 21, 2013
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >>> i'm bertha cooperation with your market wrap. words about cyprus sending stocks lower, while oracle shares weighed on the tech indecent. >>> the number of americans ticked hire last week by 2,000, but claims filings remain at five-year homes. >>> and home restales hit a three-month high, but below forecast. >>> now back to "hardball." >>> welcome back to "hardball." breaking news right now. the senate majority leader harry reid has announced right now he will in fact bring a bill to the senate floor to reduce gun violence, and it will include background checks, also school safety and gun trafficking provisions. senator reid says he'll aallow votes on amendments including the ban and limits on high-capacity magazines
rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >>> i'm bertha cooperation with your market wrap. words about cyprus sending stocks lower, while oracle shares weighed on the tech indecent....
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what would that do to the economy? >> i think you cannot get these kind of cuts without -- >> what cuts? i'm talking about freezing -- >> hold on. i know you're a young politician. i like young politicians more than old politicians. but whatever you are, you got to wait. because i let you go. right? let's do that. i think the answer is if you look at taking a big bite out of the jobs in the public sector, and taking away the spending that goes throughout the entire economy, that hurts growth. that's the biggest problem. i think an issue for you is i think it's great to have someone who's 23 out there running. i think that is great in both parties. we have way too many senior citizens making decisions for the rest of us. i'm with that. the question i have for you is, if you're going to go in your district, prince william counties is one of the biggest counties. >> 70,000 federal workers. >> you know where i'm going. that's the debate have. what's the largest employer there? >> 70,000 people. 1 out of every 10 people in
what would that do to the economy? >> i think you cannot get these kind of cuts without -- >> what cuts? i'm talking about freezing -- >> hold on. i know you're a young politician. i like young politicians more than old politicians. but whatever you are, you got to wait. because i let you go. right? let's do that. i think the answer is if you look at taking a big bite out of the jobs in the public sector, and taking away the spending that goes throughout the entire economy,...
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Mar 18, 2013
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i did not run a campaign on jobs in the economy, jobs in the economy, and beat that drum until i beat people into sleep. that is part of it but the rest of this has to be added together or we can never reconstruct this country. we will never get the pillars of exceptionalism unless we have the whole puzzle. we need to strength our faith nd restore our families. obamacare has got to go. [applause] we can't let up on obamacare. and believe that somehow we going to move to that side because roads are bigger and it is an unconstitutional taking nd it has got to go. now, ronald reagan only let me down a couple of times in eight years. ne of those was in 1986. i heard he signed the amnesty act of 1986 but it is was on the promise that there would be law enforcement and a million people would be legalized but then, from there on forward the law would be enforced. i made sure i kept my records right waiting for the i.n.s. to show up at my office. i never saw them. nether did thousands of businesses but the enforcement in reagan era was the greatest enforcement now the rule of law is so eroded
i did not run a campaign on jobs in the economy, jobs in the economy, and beat that drum until i beat people into sleep. that is part of it but the rest of this has to be added together or we can never reconstruct this country. we will never get the pillars of exceptionalism unless we have the whole puzzle. we need to strength our faith nd restore our families. obamacare has got to go. [applause] we can't let up on obamacare. and believe that somehow we going to move to that side because roads...
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Mar 16, 2013
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is this going to make a more efficient economy if we're able to printout things at home accident build things on our own as opposed to going to stores and purchasing them sgr when you are a consumer buying something getting made far away and put on a boat and a truck or a train and then kept warm in a store, when you can make things yourself, you need them, you make it, it is just in time really making. >> so this is a 3d printed record. >> we're look at our 1-2-3 ipad app and this let's you sketch out a creature, texture him, sculpt him, anything you want. >> we had a program 1 hiech 2-3 design and everybody walk add way with something that looked similar and everybody has their own unique feel to it. >> there is good volume to it. i think the maker movement comes from that need and the desire to really own the objects around you. >> we're in a great time where the software and the hardware and all just connects up to make this great 3d ecosystem so that you can make things simpler than ever before. now that social media is in place the social funding movement is just starting to happ
is this going to make a more efficient economy if we're able to printout things at home accident build things on our own as opposed to going to stores and purchasing them sgr when you are a consumer buying something getting made far away and put on a boat and a truck or a train and then kept warm in a store, when you can make things yourself, you need them, you make it, it is just in time really making. >> so this is a 3d printed record. >> we're look at our 1-2-3 ipad app and this...
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Mar 21, 2013
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the economy is smaller than the state vermont. warren buffett should just buy cyprus. >> bloomberg buy it and split it in half. >> what did you learn? >> today was a very educational show. we found out phish is starting a new album tomorrow. that's breaking news. and i got to look at my friend james bennett without a beard and i've got to say -- >> no, don't. >> he looks younger. he looks younger. don't you think? >> it's usually what he says. >> he looks younger. >> so i was asking you what made adam so great, editor of "new york" magazine. >> my boss, my friend and i think arguably the greatest magazine maker of this moment, of the last decade or so. >> he knows how to give a magazine a voice. very important. >> and visually. >> we had a lot of "new york" magazine people on today. >> and what a great cover story. >> knocking it out of the park. >> if it's way too early, what time is it, mike? >> well, it's time for "morning joe." but right now it's time for our ole pal crystal izz acht. >> i need a fix. ♪ i'm going down." >>>
the economy is smaller than the state vermont. warren buffett should just buy cyprus. >> bloomberg buy it and split it in half. >> what did you learn? >> today was a very educational show. we found out phish is starting a new album tomorrow. that's breaking news. and i got to look at my friend james bennett without a beard and i've got to say -- >> no, don't. >> he looks younger. he looks younger. don't you think? >> it's usually what he says. >> he...
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Mar 17, 2013
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our economy is stagnant and a lot of people are hurting. and that's where my focus remains, every day. >> shannon: you mentioned that republicans and democrats, you question whether or not they have read the constitution recently and if they adhere to it and if they are really familiar with what it is at its core. how do you reconfigure? how does either party get back to that? >> i think we are seeing a rejuvenation in the republican party. visaid for a while. i think -- i have said for a while, i think the best thing that happened to republicans was to get our teeth kicked in by 2008. by 2006, 2008, i think that republicans had stopped standing for principle. we saw a new generation of leaders step forward in 2010 and more continue in 2012, who are really focused on getting back to our core principles, getting back to the constitution and getting back to free market principles. i think far too many republicans had gone along to get along. had agreed with democrats and exploding the size of government -- i mean, that's how we have gotten a
our economy is stagnant and a lot of people are hurting. and that's where my focus remains, every day. >> shannon: you mentioned that republicans and democrats, you question whether or not they have read the constitution recently and if they adhere to it and if they are really familiar with what it is at its core. how do you reconfigure? how does either party get back to that? >> i think we are seeing a rejuvenation in the republican party. visaid for a while. i think -- i have said...
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plus, exclusive interview with fedex founder and ceo fred smith about the state of the economy and where it may be headed. "special report" from washington starts at 6:00 eastern. now back to new york and my colleagues with "the five." ♪ ♪ >> dana: all right. pope francis' first full day on the job in vatican city today. he delivered his first mass as pontiff in the sistine chapel. he went to roman basilica to spray privately this morning. a lot of catholics in new york city and around the country were hoping cardinal timny dolan might have gotten the high holy honor but the cardinal says he is happy with the selection and he explained why. >> what we were most looking for is a man of holiness. a man who obviously reflected god to us. a man who was theer logically con versant -- theologically conversant. a good leader and good exercise, good pastoral governance. >> dana: you weren't here yesterday. and andrea, your thoughts, too. what do you think? >> greg: 76. glad they went for the youth vote. new blood there. and i love how the media on other stations discuss how catholic he is. h
plus, exclusive interview with fedex founder and ceo fred smith about the state of the economy and where it may be headed. "special report" from washington starts at 6:00 eastern. now back to new york and my colleagues with "the five." ♪ ♪ >> dana: all right. pope francis' first full day on the job in vatican city today. he delivered his first mass as pontiff in the sistine chapel. he went to roman basilica to spray privately this morning. a lot of catholics in new...
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Mar 19, 2013
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the republicans and the romney campaign, look, we need to talk about the economy. have a one mention to all voters. well, it turns out the obama way was the successful approach in the 2012 election. >> mark murray, thank you so much. we'll see whether it happens. how the rubber hits the road. >> thank you. >>> coming up, a crowded race in south carolina for the open congressional seat there. there is no shortage. we'll get an update. [ male announcer ] i've seen incredible things. otherworldly things. but there are some things i've never seen before. this ge jet engine can understand 5,000 data samples per second. which is good for business. because planes use less fuel, spend less time on the ground and more time in the air. suddenly, faraway places don't seem so...far away. ♪ plays a key role throughout our lives. one a day men's 50+ is a complete multivitamin designed for men's health concerns as we age. it has 7 antioxidants to support cell health. one a day men's 50+. i'm your hot water heater. you hardly know i exist. that's too bad. 'cuz if my pressure rel
the republicans and the romney campaign, look, we need to talk about the economy. have a one mention to all voters. well, it turns out the obama way was the successful approach in the 2012 election. >> mark murray, thank you so much. we'll see whether it happens. how the rubber hits the road. >> thank you. >>> coming up, a crowded race in south carolina for the open congressional seat there. there is no shortage. we'll get an update. [ male announcer ] i've seen incredible...
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Mar 13, 2013
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in fact, in an economy like today, it is bad to balance the budget. that's not an appropriate public goal. what we should be worrying about instead are jobs and wages, widening equality. what we need is growth. if we don't get that, all of this budget balancing nonsense is irrelevant. >> jared, there's some dispute, the ryan team seems to be back pedaling on the question of are the obama health care taxes really in their budget or not? they're definitely there when you look at the revenue assumptions that they have, they seem to be claiming that no, no, i think we would get rid of tanning salon tax also. >> i actually believe them on that. i believe that in repealing obama care, they're also not taking credit for the revenue from the obama care taxes, and let me get back to a point i made earlier. you see, they have to raise something like $7 trillion in revenue to offset their tax cuts. they can't do that. mathematically, it is impossible. if mitt romney couldn't make the math work, this math is twice as hard. so really interestingly this is a plan t
in fact, in an economy like today, it is bad to balance the budget. that's not an appropriate public goal. what we should be worrying about instead are jobs and wages, widening equality. what we need is growth. if we don't get that, all of this budget balancing nonsense is irrelevant. >> jared, there's some dispute, the ryan team seems to be back pedaling on the question of are the obama health care taxes really in their budget or not? they're definitely there when you look at the revenue...
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, perhaps even the world economy. >> michael: well it got tongues wagging because this is one of the president's lieutenants admitting that dodd frank wall street reform won't actually stop too-big-to-fail. there are still banks that are too big to prosecute. the president's nomination of mary jo white as the next chair of securities and exchange commission has gotten progressives even more riled up. >> federal prosecutors are instructed by doj that they have a long line of factors to consider and one of them is that the collateral consequences of a criminal indictment to inspect shareholders employees or the public. >> michael: meanwhile, on the very same day that white also admitted some institutions are too big to prosecute senator elizabeth warren had choice words for republicans on the senate banking committee who tried to block richard cordray's appointment to the consumer financial protection bureau. liberals take on corporate fat cats, and the president is in the crosshairs, i go to david sirota. how are you david? >> i'm doing well. let's go to the new sheriff of wall street
, perhaps even the world economy. >> michael: well it got tongues wagging because this is one of the president's lieutenants admitting that dodd frank wall street reform won't actually stop too-big-to-fail. there are still banks that are too big to prosecute. the president's nomination of mary jo white as the next chair of securities and exchange commission has gotten progressives even more riled up. >> federal prosecutors are instructed by doj that they have a long line of factors...